Can I retire at age 50 with 386,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $386,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$31,876$31,592$31,315$31,044$30,780$29,879
2 years$15,780$15,486$15,201$14,925$14,657$13,756
3 years$10,415$10,120$9,836$9,563$9,299$8,427
4 years$7,734$7,440$7,158$6,889$6,632$5,796
5 years$6,125$5,833$5,555$5,292$5,042$4,243
6 years$5,053$4,763$4,489$4,232$3,989$3,229
7 years$4,288$4,000$3,731$3,479$3,244$2,522
8 years$3,714$3,429$3,164$2,919$2,692$2,008
9 years$3,268$2,985$2,725$2,486$2,267$1,620
10 years$2,911$2,631$2,376$2,143$1,931$1,321
11 years$2,619$2,342$2,092$1,865$1,661$1,086
12 years$2,377$2,102$1,856$1,636$1,439$899
13 years$2,171$1,900$1,658$1,444$1,255$748
14 years$1,995$1,727$1,490$1,282$1,100$625
15 years$1,843$1,578$1,345$1,143$969$524
16 years$1,710$1,448$1,220$1,024$856$440
17 years$1,593$1,333$1,110$920$759$371
18 years$1,489$1,232$1,013$829$675$313
19 years$1,396$1,142$928$749$602$265
20 years$1,312$1,061$851$678$537$224
21 years$1,236$988$783$616$481$190
22 years$1,168$922$722$560$431$161
23 years$1,105$863$666$510$387$137
24 years$1,048$808$616$465$348$117
25 years$995$759$571$425$313$99
26 years$947$713$529$388$282$84
27 years$902$671$492$355$254$72
28 years$860$632$457$326$229$61
29 years$822$596$425$299$207$52
30 years$786$563$396$274$187$44
31 years$752$532$369$252$169$38
32 years$721$504$345$231$153$32
33 years$691$477$322$213$138$27
34 years$664$452$301$196$125$23
35 years$638$429$281$180$114$20
36 years$613$407$263$166$103$17
37 years$590$387$246$153$93$15
38 years$568$367$230$141$85$12
39 years$547$349$216$130$77$11
40 years$528$332$202$120$70$9
41 years$509$316$190$111$63$8
42 years$491$301$178$102$57$7
43 years$475$287$167$94$52$6
44 years$459$274$157$87$47$5
45 years$443$261$147$80$43$4
46 years$429$249$138$74$39$3
47 years$415$238$130$69$35$3
48 years$402$227$122$63$32$3
49 years$389$217$115$59$29$2
50 years$377$207$108$54$26$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $386,000, adding $5,694 every year, while hoping to spend $21,826 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 74/21/5 Blend
49$386,000$386,000$386,000$386,000
50$431,245$410,787$404,804$462,569
51$452,010$407,693$395,143$480,865
52$474,160$403,716$384,426$497,563
53$497,816$398,789$372,595$515,223
54$523,106$392,843$359,590$533,933
55$550,173$385,802$345,346$553,788
56$579,173$377,589$329,797$574,896
57$610,276$368,118$312,873$597,374
58$643,671$357,302$294,501$621,352
59$679,563$345,048$274,605$646,973
60$718,178$331,255$253,104$674,396
61$759,766$315,820$229,916$703,796
62$804,598$298,631$204,954$735,366
63$852,973$279,571$178,127$769,320
64$905,222$258,515$149,339$805,895
65$961,705$235,333$118,493$845,351
66$1,022,820$209,885$85,484$887,976
67$1,089,005$182,026$50,204$934,090
68$1,160,738$151,601$12,541$984,043
69$1,238,549$118,445$0$1,038,226
70$1,323,018$82,386$0$1,098,541
71$1,414,785$43,241$0$1,164,799
72$1,514,551$818$0$1,236,860
73$1,623,090$0$0$1,315,309
74$1,741,254$0$0$1,411,213
75$1,869,977$0$0$1,515,908
76$2,010,290$0$0$1,630,047
77$2,163,326$0$0$1,754,552
78$2,330,334$0$0$1,890,441
79$2,512,686$0$0$2,038,834
80$2,711,896$0$0$2,200,963
81$2,929,626$0$0$2,378,186
82$3,167,710$0$0$2,571,997
83$3,428,166$0$0$2,784,040
84$3,713,214$0$0$3,016,127
85$4,025,302$0$0$3,270,253
86$4,367,122$0$0$3,548,613
87$4,741,643$0$0$3,853,628
88$5,152,130$0$0$4,187,960
89$5,602,183$0$0$4,554,543
90$6,095,764$0$0$4,956,610
91$6,637,238$0$0$5,397,719
92$7,231,413$0$0$5,881,790
93$7,883,586$0$0$6,413,142
94$8,599,588$0$0$6,996,532
95$9,385,847$0$0$7,637,198
96$10,249,441$0$0$8,340,913
97$11,198,169$0$0$9,114,037
98$12,240,620$0$0$9,963,572
99$13,386,258$0$0$10,897,238
100$14,645,510$0$0$11,923,534